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"What are we doing here?" Jefferies badyst Sheila Kahyaoglu said on CNBC's "Squawk Box."
Boeing delivered 190 commercial aircraft in the third quarter, bringing its total deliveries for the year to 568. Boeing stuck to guidance in the latest report , saying the company would deliver at least 810 airplanes this year. Boeing continues to ramp up production, especially on its core 737 aircraft, and aims to get a key production rate of 52 aircraft each month.
"They kept their delivery guidance, which means they could get to 52" by the end of the year, "Kahyaoglu added.
President Donald Trump'strade war with China is a key theme Kahyaoglu is watching. She said China is "a big customer of Boeing," representing a third of the company's orders for Boeing-737 aircraft. While it's important to pay attention to the company's business in China, the badyst did not raise concern about Boeing possibly getting caught in the middle of the trade war.
"I think Boeing's very in tune with the administration but also with its customers," Kahyaoglu said.
Boeing shares slipped 2.3 percent over the last three months The stock is still up 18.7 percent for the year as of Tuesday's close of $ 350.05 a share.
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